Credit Applications, Terms of Sale & Credit Insurance

On September 13, 2018, Larry
spoke to the National Underground
Utilities Supply Credit Group, in connection with the National Association of
Credit Management (NACM), and covered several topics related to the ins and outs
of accounts receivable. He discussed some of the most common protections as
well as some alternative devices for securing payment, focusing on promptness
and avoidance of losses due to collection issues, and then looked at agreement
terms and conditions, reviewing the most important and desirable terms. On the
subject of insurance, Larry went over the benefits of accounts receivable
insurance, as well as its drawbacks and limitations.